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Do you want your local school to be able to hire teachers, or your local restaurant to be able to get help? Housing costs make everything where you live more ex
by landryraccoon 8y ago
Do you want your local school to be able to hire teachers, or your local restaurant to be able to get help? Housing costs make everything where you live more expensive. Lowering housing costs makes everything else cheaper for you too.
- throwawaysea 8y ago> Do you want your local school to be able to hire teachers, or your local restaurant to be able to get help? Yes, and they would still be available. If wages/living conditions are not good enough for them and they move away, there would be an under-supply of their labor which would cause their wages to rise, which would self-correct the problem. Right now, those same people are willing to work for less. This is a personal choice they are making. And I don't think it obligates lower residents to provide lower-cost housing or greater housing supply.
- asdff 8y agoIn CA there is an under supply of both teachers and wages. The market will not correct even if wages/living conditions are 1:1. There are already people living paycheck to paycheck, unable to generate a dime of savings. There are people who are priced out of cost of living despite holding a job, and they opt to be homeless in an RV or car. Here is a great article about this new class of homeless in CA: https://www.cbsnews.com/news/los-angeles-hidden-homeless-priced-out-cbsn-originals/ https://www.cbsnews.com/news/los-angeles-hidden-homeless-pri...